Investment opportunity in Coldwater. Note that the adjacent 4 plex (2 John St.) is also for sale to make a good investment package. This 5 plex offer 3 one bedroom units, and 2-two bedroom units. Metal roof. Hot water. Gas Boiler. 2 hot water tanks-1 is owned, 1 is a rental. Water softener is included. Storage Shed with space for tenants storage. Includes 21' 35' Garage-great for storage. Located across from Coldwater Public School.
Monthly rents of $5178. Rental Income $62, 136. Total operating expenses $17,784. Net Income $44,352.
Room Details:
Room | Level | Length (m) | Width (m) | Description 1 | Description 2 | Description 3 |
---|---|---|---|---|---|---|
Br | Main | 3.15 | 3.19 | 4 Pc Bath | ||
Br | Main | 3.00 | 3.48 | 4 Pc Bath | ||
Br | 2nd | 3.40 | 2.34 | 4 Pc Bath | ||
Loft | 2nd | 2.83 | 5.54 | 4 Pc Bath | ||
Br | 2nd | 3.33 | 4.07 | 4 Pc Bath | ||
Br | Main | 2.90 | 3.46 | |||
Br | 2nd | 3.57 | 2.39 |